Janney Montgomery Scott LLC Purchases 5,137 Shares of Church & Dwight Co., Inc. (NYSE:CHD)

Janney Montgomery Scott LLC increased its position in shares of Church & Dwight Co., Inc. (NYSE:CHD) by 3.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 138,158 shares of the company’s stock after buying an additional 5,137 shares during the period. Janney Montgomery Scott LLC owned about 0.06% of Church & Dwight worth $14,467,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in CHD. Holocene Advisors LP bought a new position in shares of Church & Dwight in the 3rd quarter worth $104,795,000. State Street Corp lifted its position in shares of Church & Dwight by 8.0% during the third quarter. State Street Corp now owns 13,116,334 shares of the company’s stock valued at $1,373,542,000 after buying an additional 969,006 shares during the last quarter. World Investment Advisors LLC purchased a new stake in shares of Church & Dwight during the third quarter valued at about $58,338,000. Barclays PLC boosted its holdings in shares of Church & Dwight by 63.9% in the 3rd quarter. Barclays PLC now owns 1,106,131 shares of the company’s stock valued at $115,832,000 after buying an additional 431,257 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA raised its stake in shares of Church & Dwight by 5.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 8,016,345 shares of the company’s stock worth $839,472,000 after acquiring an additional 429,863 shares in the last quarter. 86.60% of the stock is currently owned by institutional investors.

Church & Dwight Stock Up 0.0 %

Shares of CHD stock opened at $106.31 on Monday. Church & Dwight Co., Inc. has a twelve month low of $96.09 and a twelve month high of $113.50. The stock has a market cap of $26.05 billion, a P/E ratio of 47.67, a P/E/G ratio of 3.29 and a beta of 0.58. The stock has a 50 day moving average of $106.71 and a 200 day moving average of $104.08. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53.

Church & Dwight (NYSE:CHD) last posted its earnings results on Friday, November 1st. The company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.11. The firm had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.50 billion. Church & Dwight had a net margin of 9.08% and a return on equity of 19.90%. The business’s quarterly revenue was up 3.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.74 EPS. As a group, sell-side analysts expect that Church & Dwight Co., Inc. will post 3.44 EPS for the current year.

Church & Dwight Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 15th were given a dividend of $0.2838 per share. The ex-dividend date was Friday, November 15th. This represents a $1.14 dividend on an annualized basis and a yield of 1.07%. Church & Dwight’s dividend payout ratio is currently 50.67%.

Insider Buying and Selling at Church & Dwight

In related news, CEO Matthew Farrell sold 165,823 shares of the firm’s stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $103.03, for a total value of $17,084,743.69. Following the transaction, the chief executive officer now directly owns 112,719 shares of the company’s stock, valued at approximately $11,613,438.57. This trade represents a 59.53 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Michael Read acquired 1,100 shares of the business’s stock in a transaction on Monday, December 16th. The shares were purchased at an average price of $106.82 per share, with a total value of $117,502.00. Following the completion of the purchase, the executive vice president now owns 2,505 shares in the company, valued at $267,584.10. This represents a 78.29 % increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders have sold 593,035 shares of company stock valued at $62,282,808. Company insiders own 2.00% of the company’s stock.

Analyst Ratings Changes

CHD has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft raised their target price on shares of Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Wells Fargo & Company boosted their target price on Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a research note on Monday, November 4th. TD Cowen increased their price target on Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Barclays boosted their price target on Church & Dwight from $85.00 to $90.00 and gave the stock an “underweight” rating in a research note on Friday, January 17th. Finally, Stifel Nicolaus decreased their price objective on shares of Church & Dwight from $105.00 to $103.00 and set a “hold” rating for the company in a research report on Friday, January 17th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $110.61.

Church & Dwight Profile

Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products, and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.